Small businesses have always faced the same brutal truth: banks don't want to lend to them. They're too risky, the loan ...

Payments firm PayPal filed an application to establish a bank in the United States, aiming to expand its lending business as ...

The digital payments pioneer has applied with the Federal Deposit Insurance Corp. and the Utah Department of Financial ...

PayPal Holdings, Inc. today announced it has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, a proposed ...

The move would allow the firm to originate loans directly, hold customer deposits, and access payment networks without ...

PayPal has applied to establish a Utah-chartered bank, a move that would allow the firm to hold deposits and increase lending ...

Fintechs in the US in particular are looking to take advantage of President Donald Trump’s move to ease regulations. Fintechs ...

The move follows a broader push for financial deregulation under President Trump that has allowed digital asset companies to ...

PayPal Holdings, Inc. has officially submitted applications to the Federal Deposit Insurance Corporation (FDIC) and the Utah ...

PayPal has applied to establish a bank in the US, aiming to strengthen its small business lending and reduce third-party reliance.

If approved, PayPal Bank would improve its small business lending capabilities, providing advertisers and other businesses with more accessible capital to invest in ad and marketing campaigns and ...

If approved, PayPal Bank would help the firm bolster its small-business lending capabilities, according to a statement.